Is China ready to be the next super power?

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China has over 1 billion population. you can see China-made products in every shelf of the department stores. They are now the top consumer of steel, copper and jewelry. In terms of oil consumption, they are next to the US. International trade activities of China already accounts 40% of their GDP. They have surpassed the US in terms of internet population and next to India in terms of mobile phone subscription. Aside from the great wall of China, modern Mega structures were built and are being built all around the country. China is bursting with explosive energy. Is China ready to be the next super power?